KMD Brands Raises Guidance
The former Kathmandu Holdings is now forecasting total annual sales of NZ$955 to NZ$965 million ($590 mm) for the FY ending July 31, compared to NZ$923 million last year, bouncing back from a difficult FH1 caused by Vietnam factory shutdowns and freight delays. Strong winter sports sales down-under were credited with driving the rebound, contributing to +2.1% year-to-date same-store sales ... Log in to view full article.